OLAÅSEN 4H MESTRINGSGÅRD AS

9475 BORKENES

Finances

Share Ownership

Return on Equity

1,83 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 772 000	1 999 000	889 000	935 000
Net Income	5 000	217 000	11 000	8 000
Total Assets	640 000	611 000	168 000	447 000
Total Equity	273 000	268 000	51 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 772 000	1 999 000	889 000	935 000
Expenditure	1 766 000	1 720 000	875 000	924 000
Operating Profit	7 000	279 000	14 000	11 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	6 000	279 000	14 000	11 000
Tax	1 000	61 000	3 000	2 000
Net Income	5 000	217 000	11 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	640 000	611 000	168 000	447 000
Total Assets	640 000	611 000	168 000	447 000
Total Retained Equity	243 000	238 000	21 000	10 000
Total Equity	273 000	268 000	51 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	368 000	343 000	118 000	407 000
Total Equity and Debt	640 000	611 000	168 000	447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 692 000	1 814 000	865 000	896 000
Other Income	80 000	186 000	24 000	39 000
Revenue	1 772 000	1 999 000	889 000	935 000
Cost of Goods Sold	0	34 000	18 000	18 000
Salary Costs	749 000	1 005 000	433 000	458 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 766 000	1 720 000	875 000	924 000
Operating Profit	7 000	279 000	14 000	11 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	5 000	217 000	11 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	451 000	455 000	90 000	377 000
Total Current Assets	640 000	611 000	168 000	447 000
Total Assets	640 000	611 000	168 000	447 000
Total Equity	273 000	268 000	51 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	98 000	0	20 000	173 000
Unpaid Taxes	9 000	60 000	3 000	29 000
Dividends	0	0	0	0
Other Current Debt	259 000	222 000	91 000	202 000
Total Current Debt	368 000	343 000	118 000	407 000
Total Equity and Debt	640 000	611 000	168 000	447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,83 %	80,97 %	21,57 %	20 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,4 %	13,96 %	1,57 %	1,18 %
Current Ratio	1,74	1,78	1,42	1,1
Quick Ratio	1,74	1,78	1,42	1,1
Equity Ratio	0,43	0,44	0,3	0,09
Gross Profit Margin	100 %	98,3 %	97,98 %	98,07 %